Property Description

FOR SALE: Unique Commercial/Mixed-Use Development Opportunity in Downtown Wheeler! Prime Highway 101 (Nehalem Blvd.) location with approx. 5,500 ODOT Average Daily Traffic (ADT). Wheeler is a walkable Tillamook Coast community with dining, shopping, bayside recreation, kayak rentals and hiking nearby.Facing beautiful Nehalem Bay, these two contiguous buildings are in 'shell condition, with demoed interiors creating wide-open floor plans and flexible use possibilities. The buildings are connected with the interior demising wall removed. Add stairs to access the 2nd floor, featuring impressive old-growth hardwood floors and bay views, for commercial expansion or residential use-including an owner's loft or 1-2 rental units. Sample floor plan included.An Elevation Certificate confirms the property is outside the FEMA-designated flood zone. Sellers have worked with a structural engineer on the exterior walls and secured environmental clearances, including asbestos and lead-based paint. Extensive structural updates and restoration work have prepared this blank canvas for the next owner. Quality rustic/vintage building materials remain onsite.Seller's property knowledge, experience and existing restoration permits may assist the new owner. New membrane roof on the single-story portion; metal roof on the two-story portion.Parking onsite, in contiguous City lots, downtown streets and off-street spaces. Adjacent to the Post Office, Old Wheeler Hotel, The Roost and Wheeler Antiques & Collectibles. Nehalem Bay is directly across the street, near Neahkahnie Smoke House, Wheeler Marina, Salmonberry Restaurant and the seasonal Oregon Coast Scenic Railroad.SELLER FINANCING AVAILABLE with attractive terms. Seller welcomes a buyer bringing a dynamic new business to serve locals, visitors and tourists.